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Many, if no longer All of the world’s developed international locations fill conditional expertise hubs.

within the US, here's Silicon Valley; in China, Shenzhen is offering a technology bridge between East and West; and within the UK, London serves because the tech capital for Europe. although, in these countries, and others, tech hubs don't look to live determined in precisely one region. definitely, they're opened up throughout nations.

These hubs are a group of centered and emerging expertise companies; where beginning-usaand companies co-exist in an innovation-first ecosystem.

What are the biggest tech hubs within the UK – and which is birthright in your company?

the united kingdom know-how sector is speeding forward of different areas of the country’s economic climate, however the set are these expanding tech hubs, and which ones is arrogate in your enterprise? read here

Israel, dubbed the start-up Nation by means of authors Dan Senor and Saul Singer, is–most likely–one of the surest examples of a thriving centre of technology and entrepreneurship.

Israel’s expertise hub has been coined Silicon Wadi — a local with a high attention of excessive-technology groups on the coastal simple of Israel

Israel’s tech birth-up scene is without doubt one of the fastest transforming into on the planet and has supplied the nation with what Senor and Singer designation an ‘economic miracle’. It is true, that now, exorbitant technology is the leading industry in the heart jap country.

In 2015, the nation spent four.four% of its GDP on R&D — probably the most of any of the OECD participants. And, the nation continues to live certainly one of the accurate international performers for ordinary VC elevating.

in line with the area economic forum, between 1999 and 2014, Israelis All started 10,185 corporations, 2.6% with annual revenues of more than $one hundred million. a number of fill develop into billion-greenback agencies, equivalent to traffic app Waze, which was got by means of Google.

Israel’s tech beginning-up scene: the starting place

The large Bang to Israel’s tech birth-up scene become sparked when ICQ/Mirabilis — an Israeli beginning-up based by passage of five pals — became bought to AOL for $287m in 1996.

This catalysed Israel’s tech birth-up scene, in accordance with Tom Livne, co-founder and CEO at Verbit.ai — the AI-powered transcription service headquartered in Tel Aviv.

“in view that then everyone had the dream to build their delivery-up and to fill a successful exit enjoy ICQ had,” explains Livne.

This founding deal result in a lot of involvement from the challenge capital industry, and the Israeli government began encouraging and subsidising lots of VCs to aid them fund birth-ups.

The outcome has considered the emergence of a whole unique ecosystem of tech, which has advanced over the closing 25 years in Israel.

Tom Livne is co-founder and CEO at Verbit; one in every of Israel’s many tech start-ups.

Powering the Israeli economy

according to the Israel Ministry of alien Affairs, essentially eighty% of hello-tech products are exported.

These hello-tech exports quadrupled from $3bn in 1991 to $12.3bn in 2000. This rose to $29bn in 2006 (plus an additional $5.9bn of hello-tech capabilities exported).

‘In 2009, the made from ICT (information and communications expertise, a major piece of hello-tech business) amounted to $19 billion,’ wrote the Israel Ministry of international Affairs. This made up 17.3% of Israel’s enterprise sector GDP.

Livne says that now round 35% to 40% of Israel’s GDP comes from the nation’s tech sector: through exports, “and also, salary from taxes from large IPOs and successful exits”.

in terms of employment, as smartly, Livne speculates that 10% of the working inhabitants are employed within the technology area.

where does this source of talent originate? well, some Come from overseas. but, the majority — corresponding to other tech hubs world wide — is fostered at universities and in Israel’s case, a lot of key potential are developed within the army, which is obligatory for All Israeli residents over the age of 18 who are Jewish, Druze or Circassian.

European tech, media and telecoms M&A pushed to all-time high in 2018

big deals pushed European know-how, media and telecommunications M&A to all-time high in 2018, in keeping with Mergermarket statistics. read here

better M&A offers will define Israel’s tech start-up scene

2018 turned into an eventful yr for tech M&A in Israel’s tech beginning-up group. The greatest introduced deal changed into KLA-Tencor’s acquisition of Orbotech, for $3.26bn — the chinese regulator has simply accredited this deal.

moving ahead, this mode is anticipated to continue, but “you're going to see fewer, however tons greater offers,” in line with Livne. “The VCs are actually willing to do extra capital for a smaller quantity of a corporation.

He facets to some of his pals’ groups that fill bought acquired these days.

“one other chum, Shai Morag, he became the CEO and founding father of SECDO, and they were acquired for $one hundred million by means of Palo Alto Networks final year. additionally, Fireglass were got by means of Symantec for $250 million. The CTO and co-founder, Dan Amiga, is yet another pal of mine.”

This clear-cut who are All co-founders within Israeli’s tech start-up scene suggests this hub is extra enjoy a pleasant group compared to different tech geographies.

Tom Livne and his group at Verbit are piece of a detailed tech group in Israel.

Israeli government involvement

The Israel Innovation Authority receives a finances from the govt each year to set into the tech organizations, in response to Livne.

“From my very own journey at Verbit, they fill been chosen as one of the most agencies that received a concede from the manager Scientist’s office. to date, we've been given around ILS5 million from the executive. This helped us create the basis and become quintessential within the successful formation of Verbit.”

These category of executive-led initiatives are vital for the endured success of any birth-up enviornment.

It’s no longer just the delivery-ups. Tech giants, such as Intel, are becoming loads of subsidy from the govt. by using decreasing taxes for exporting groups, the authorities are too create incentives in terms of tax reduction to animate the growth of Israel’s tech sector.

Why? The govt see the technology because the main driver in the resurgence of Israel’s fiscal system.

“In Israel, failure is not a evil word”

the uk and other countries, historically, had an issue with the notice failure. It become taboo in company. Now, although, it is viewed in a much less negative light. Failure is fine, provided that you fail quickly, and is an indication of creative agencies.

In Israel too, “failure is not a nasty observe,” says Livne.

“we are resilient, we’ve been in the army and it’s okay to fail as long as you gain lore of from the adventure and you don’t repeat the mistake.

“with the remonstrate to evade you constant failure, you ought to encircle your self with experts with adventure in success.”

AI dominates Israeli’s tech delivery-up scene

synthetic intelligence, arguably probably the most disruptive expertise throughout sectors, dominates Israel’s expertise business. And, there are two causes for that.

the primary, is that there's a lot of skill coming from the universities, who've loads of journey working with AI and disruptive technologies — “both they’ve labored in giants such as Google, or they’ve just got a high academic background,” says Livne.

The 2d occasions is that AI represents the foundation of the fourth industrial revolution. “AI corporations are those greater recumbent to live funded and in order that mode is shaping their industry,” explains Livne.

AI is remodeling old-long-established industries into unique methods of working. Add to that the significant capital from the VC industry, and this is why there's a “very robust and large scene of the AI here in Israel”.

A pilot to simulated intelligence in enterprise: Is it birthright on your company?

There are people that disregard this plan of Israel being the beginning-Up Nation to observe. Meirav Arlosoroff, contributor to Haaretz, wrote previous this year that ‘Israel is a superpower of mediocrity’, and has prick itself off from the comfort of the area. She wrote that the ‘know-how revolution is bypassing their remoted and non-aggressive island. The decent information is that after years of basking within the success of indigenous excessive-tech, Israel has heeded the tocsin and is making an attempt to better productivity in quite a lot of natural industries. however there is noiseless are no government guidelines promotion productivity. Minister Cohen’s unique committee is addressing these concerns and complications. The evil news? It has no thought of the passage to bag to the bottom of them. The factors that features are so negative are noiseless unclear, even in high-end professions and trades.’

In its 2Q15 revenue effects, Symantec corporation (SYMC) introduced headcount savings of pretty much 10%, or 2,000 employees. The enterprise mentioned that the layoffs are a piece of the company’s restructuring system. The restructuring information comes ahead of the enterprise’s plans to split into the following two corporations: protection and doc storage. The rupture up is expected to can pervade $220 million in separation expenses and restructuring charges.

Symantec resorted to layoffs as piece of its restructuring passage called Symantec 4.0, as proven in the chart under. The company announced this strategy to simplify and transition Symantec’s device-centric approach to digital assistance security and management space. The split is anticipated to live achieved by the discontinuance of 2015.

If Symantec posts first rate consequences, PowerShares QQQ fill faith ETF (QQQ) is anticipated to profit for the judgement that it has giant exposure to Symantec.

Tech avid gamers search layoff plans to in the reduction of costs

In 2013, Symantec introduced an immense layoff and prick roughly 1,seven-hundred jobs. in response to the San Jose Mercury information, Symantec was the tenth-greatest expertise corporation in 2013. As of March 2014, Symantec had 20,800 personnel.

In 2014, a considerable number of know-how players introduced splits as well as layoffs. In may 2014, Hewlett-Packard (HPQ), Intel (INTC), and Cisco (CSCO) announced 11,000, 5,000, and 6,000 job cuts, respectively.

Symantec will channel discount rates to R&D and excessive-growth areas

Google, which has accused Symantec and its companions of misissuing tens of heaps of certificates for encrypted net connections, quietly introduced Thursday that it’s downgrading the stage and length of fill faith Chrome will vicinity in certificates issued with the aid of Symantec.

Encrypted internet connections — HTTPS connections enjoy these on banking sites, login pages or information websites enjoy this one — are enabled via certificates Authorities, which determine the id of the site proprietor and topic them a certificates authenticating that they are who they are saw they're. consider of a certificates Authority enjoy a passport agency and the certificates they problem enjoy passports. with out the CA’s authentication of a domain owner’s identification, users can’t fill faith that the web page on the different conclusion of their HTTPS connection is truly their bank.

Symantec is an mammoth on the planet of CAs — its certificates vouched for approximately 30 % of the web in 2015. but Google claims that Symantec hasn’t been taking its responsibilities seriously and has issued at the least 30,000 certificates with out properly verifying the web sites that bought them. It’s a significant allegation that undermines the believe users can region in the encrypted net, and Google says it will start the passage of distrusting Symantec certificates in its Chrome browser. Symantec lashed out at Google’s claims, calling them “irresponsible” and “exaggerated and misleading.”

“due to the fact that January 19, the Google Chrome team has been investigating a series of disasters via Symantec agency to adequately validate certificates. Over the course of this investigation, the reasons offered via Symantec fill revealed a perpetually increasing scope of misissuance with every set of questions from members of the Google Chrome crew; an initial set of reportedly 127 certificates has increased to consist of as a minimum 30,000 certificates, issued over a era spanning a few years,” Google utility engineer Ryan Sleevi wrote in a forum do up outlining the case against Symantec. “this is additionally coupled with a collection of failures following the outdated set of misissued certificates from Symantec, inflicting us to now not believe within the certificate issuance policies and practices of Symantec over the last a number of years.”

To heal the circumstance, Sleevi noted that Chrome would in the reduction of the length of time the browser trusts a Symantec-issued certificate and, over time, would require sites to exchange historical Symantec certificates with more recent, trusted ones.

Sleevi pointed out that Symantec’s behavior didn't meet the baseline requirements for a certificate Authority, developing what he called “enormous possibility for Google Chrome users.” He delivered:

Symantec allowed at least four parties access to their infrastructure in a passage to trigger certificate issuance, did not sufficiently oversee these capabilities as required and expected, and when offered with proof of those organizations’ failure to abide to the applicable common of care, didn't divulge such assistance in a timely passage or to determine the value of the considerations suggested to them.

These concerns, and the corresponding failure of applicable oversight, spanned a length of a number of years, and fill been trivially identifiable from the counsel publicly available or that Symantec shared.

Chrome’s spat with Symantec stretches again over more than a 12 months. In October 2015, Google create that Symantec has misissued certificates for Google itself and for Opera software.

Symantec investigated the topic and claimed that the entire misissued certificates had been issued as piece of hobbies testing. “Our investigation uncovered no evidence of malicious intent, nor damage to any individual,” Symantec observed on the time.

Symantec pushed back on Google’s present allegations Friday, asserting that Google had singled out Symantec and had exaggerated the number of misissued certificates leading to the problem in the first location.

“Google’s statements about their issuance practices and the scope of their previous mis-issuances are exaggerated and deceptive. as an instance, Google’s pretense that we've mis-issued 30,000 SSL/TLS certificates isn't authentic. in the sustain Google is regarding, 127 certificates — not 30,000 — were recognized as mis-issued, and they resulted in no client damage,” Symantec wrote in a weblog post. “whereas All principal CAs fill experienced SSL/TLS certificate mis-issuance routine, Google has singled out the Symantec certificates Authority in its plan however the mis-issuance sustain recognized in Google’s weblog do up concerned a few CAs.”

Google’s Sleevi mentioned in a different do up that Symantec partnered with different CAs — CrossCert (Korea electronic certificates Authority), Certisign Certificatadora Digital, Certsuperior S. de R. L. de C.V., and Certisur S.A. — that did not comply with arrogate verification tactics, which led to the misissuance of 30,000 certificates.

“Symantec has mentioned they had been actively sensible about this for at least one birthday party, didn't divulge this to root classes, and did not sever the connection with this birthday celebration,” he wrote. “at least 30,000 certificates had been issued by means of these parties, and not using a unbiased technique to examine the compliance of these parties to the anticipated necessities. further, these certificates cannot live technically recognized or exclusive from certificates the set Symantec carried out the validation role.”

while Google and Symantec proceed their battle — Symantec referred to it is “open to discussing the signify with Google with a purpose to bag to the bottom of the condition” — site homeowners that exercise Symantec to verify their HTTPS connections will should birth taking steps to do confident Chrome users can access their sites with out getting hit with security warnings.

Symantec has severed ties with the four firms linked to the misissued certificates, so Chrome will believe unique Symantec certificates going ahead — web site house owners simply deserve to swap out their historic certificates for brand unique ones.

right here’s the time table, according to Sleevi:

To steadiness the compatibility dangers versus the security dangers, they propose a gradual mistrust of All current Symantec-issued certificates, requiring that they live replaced over time with new, entirely revalidated certificates, compliant with the latest Baseline requirements. This should live accomplished by step by step reducing the ‘highest age’ of Symantec-issued certificates over a sequence of releases, distrusting certificates whose validity duration (the change of notBefore to notAfter) exceeds the several maximum.

The proposed agenda is as follows:

Chrome fifty nine (Dev, Beta, sturdy): 33 months validity (1023 days)

Chrome 60 (Dev, Beta, good): 27 months validity (837 days)

Chrome 61 (Dev, Beta, reliable): 21 months validity (651 days)

Chrome sixty two (Dev, Beta, stable): 15 months validity (465 days)

Chrome 63 (Dev, Beta): 9 months validity (279 days)

Chrome 63 (good): 15 months validity (465 days)

Chrome 64 (Dev, Beta, strong): 9 months validity (279 days)

Symantec, for its part, looks hopeful that Google will returned off and never require any adjustments in any respect. “We need to reassure their valued clientele and All patrons that they could proceed to fill faith Symantec SSL/TLS certificates. Symantec will vigorously protect the secure and productive exercise of the cyber web, including minimizing any lore disruption led to by passage of the suggestion in Google’s weblog do up,” the company pointed out.

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The Board of Directors proposes a dividend of EUR 0.20 (0.10) per outstanding share.

Outlook for 2019

Teleste expects the company's net sales to remain at the smooth of 2018 (EUR 250.3 million). Operating result is expected to augment compared with 2018 (EUR 9.7 million).

Comments by CEO Jukka Rinnevaara:

"Orders received in the fourth quarter increased significantly year-on-year and quarter-on-quarter. Order backlog increased, reaching the highest smooth in Teleste's history. Net sales were up year-on-year in both business areas. Operating result too increased in both business areas.

Orders received by Video and Broadband Solutions increased year-on-year. In particular, orders for access network products increased clearly compared with the previous quarters. Denmark, Belgium and Austria were growth markets. They continued to invest in the development of next-generation distributed access architecture solutions. Their product sweep is becoming ready for unique deployments in Europe and America. They progressed to the testing side with the first customers. In 2018, they won many significant deals for video security and information solutions, and their order backlog was high at the eddy of the year, forecasting sturdy growth too in 2019. In addition, they won a strategically significant order to deliver the situational awareness system for the Helsinki metro. The system is based on Teleste's S-AWARE platform. Approximately 75 per cent of the orders in Teleste's highest ever order backlog will live delivered in 2019. Net sales increased particularly in video security and information solutions in France, Finland and Canada. Because of the increased net sales, operating result too increased year-on-year. The launching of distributed access architecture-based network investments has been delayed, but it will provide opportunities for growth in the years to come.

Net sales of Network Services improved in Germany, because of the main customer's special projects and the unique frame agreement signed in spring. The operating result of the business area increased as a result of higher net sales year-on-year. The services business in Germany is noiseless challenged by the loss made in inevitable subcontracted services. However, there is significant improvement potential in the management of their own operations and the subcontractor network, and they continue to systematically develop the operations. business in the other service markets progressed mainly favourably.

In 2018, they progressed according to draw in the company's strategic areas. The strategic priorities in 2019 include development of the distributed access architecture offering and successful launch of sales in the North American cable operator market; significant growth of net sales and improved performance in video security and information solutions; and development of operations and improved profitability in the services business in Germany. They believe that the measures they chosen will ensure continued profitable growth too in the years to come. In 2019, the technological transition in access networks and its timing will strike demand for their products. They anticipate demand for traditional HFC technology to unhurried down and investment in next generation distributed access architecture to increase. They call that these investments will live launched in stages towards the discontinuance of 2019, first in North America and then in Europe. The timetable for the launches of the unique architecture is difficult to predict, which is why they anticipate Teleste's net sales to remain on par with 2018."

Orders received by the Group in the fourth quarter increased by 21.4% to EUR 81.0 (66.7) million. Order backlog increased during the quarter by 25.6% to EUR 71.0 (57.4) million, which is the highest order backlog in Teleste's history. Net sales increased by 13.3% to EUR 66.5 (58.7) million.

Orders received by the Group increased by 0.4% to EUR 264.0 (262.9) million, the highest smooth in Teleste's history. Net sales increased by 6.7% to EUR 250.3 (234.6) million.

Operating result was EUR 9.7 million, while operating result for the reference era was EUR 7.5 million negative. Operating result represented 3.9% (-3.2%) of net sales. Result for the reference era included the goodwill impairment of EUR 7.7 million related to the services business in Germany as well as the restructuring provisions of EUR 2.4 million in Germany and Finland. Operating result improved in both Video and Broadband Solutions and Network Services. Expenses for material and manufacturing services increased by 8.0% to EUR 137.9 (127.7) million. Personnel expenses decreased by 4.9% and were EUR 66.0 (69.4) million. The abate resulted from the decreased number of personnel. Depreciation, amortisation and other operating expenses decreased by 1.1% to EUR 38.5 (38.9) million. Net fiscal expenses were EUR 0.7 (0.9) million. Taxes for the Group amounted to EUR 2.2 (0.7) million, and efficacious tax rate was 24.5%. Undiluted earnings per participate were EUR 0.38 (-0.50). Cash flood from operations was EUR 15.0 (19.3) million. Cash flood in the reference era was significantly improved by new, shorter payment terms for clients, obtained through a supplier financing programme.

Orders received increased by 17.8% year-on-year to EUR 51.1 (43.4) million. Orders received increased both in access network products and in video security and information solutions. Order backlog increased during the quarter by 25.6% and was EUR 71.0 (57.4) million at quarter-end.

Net sales increased by 3.6% to EUR 36.7 (35.4) million. Net sales increased in video security and information solutions, but decreased in access network products. Operating result increased by 304.9%, standing at EUR 1.9 (0.5) million and representing 5.3% (1.4%) of net sales. Operating result was improved by the increased net sales of video security and information solutions.

Orders received decreased year-on-year by 10.6% to EUR 152.3 (170.4) million. The biggest abate in orders received was seen in access network products. Net sales decreased by 2.4% to EUR 138.7 (142.1) million. Net sales decreased in access network products and increased in video security and information solutions. Operating result increased by 58.3%, standing at EUR 7.7 (4.9) million and representing 5.6% (3.4%) of net sales. Operating result was improved by the increased net sales of video security and information solutions. Operating result for the reference era was burdened by the EUR 0.8 million restructuring provision related to personnel reduction.

Orders received and net sales increased by 28.2% year-on-year to EUR 29.8 (23.3) million. Net sales were increased in Germany by deliveries for a large project and the service rates of the frame agreement signed with their main customer early in 2018. Operating result increased by EUR 0.5 million year-on-year to EUR 0.3 (-0.2) million. Operating result represented 1.0% (-1.0%) of net sales. Operating result improved as a result of increased net sales in Germany, but decreased in England.

Orders received and net sales increased by 20.7% to EUR 111.7 (92.5) million. In particular, net sales were increased in Germany by deliveries for a large project and the service rates of the frame agreement signed with their main customer early in 2018. Operating result was EUR 2.0 million, while operating result for the reference era was EUR 12.4 million negative. The negative operating result for the reference era included the goodwill impairment and restructuring provision for the services business in Germany, totalling EUR 9.3 million.

Personnel and organisation January - December 2018

In the era under review, the average number of people employed by the Group was 1,393 (1,492/2017, 1,514/2016). Of these, 700 (763) were employed by Video and Broadband Solutions and 693 (729) by Network Services. At the discontinuance of the review period, the Group employed 1,353 people (1,446/2017, 1,511/2016), of whom 65% (65%/2017, 66%/2016) were stationed abroad. Approximately 2% of the Group's employees were working outside Europe.

Personnel expenses decreased by 4.9% year-on-year and were EUR 66.0 (69.4/2017, 72.6/2016) million. The abate in personnel expenses was due to a lower number of personnel year-on-year. The average number of personnel decreased by 6.7%. The number of personnel decreased in both Video and Broadband Solutions and Network Services.

Investments January - December 2018

Investments by the Group totalled EUR 7.0 (7.5) million, representing 2.8% (3.2%) of net sales. Of the investments, EUR 4.8 (3.5) million were related to product development. No company acquisitions were made during the fiscal period. Of the investments made in the previous fiscal period, EUR 2.1 million were related to a company acquisition. Other investments were related to machines, equipment and information systems. Of the investments, EUR 0.2 (0.4) million were carried out under fiscal lease arrangements.

Cash flood from operations was EUR 15.0 (19.3) million. In the reference period, cash flood from operations was improved by the introduction of the supplier financing programme.

Teleste Corporation has credit and loan facilities with a combined total value of EUR 50.0 million. The EUR 20.0 million credit facility will race until the discontinuance of August 2020 and involves a 1+1-year extension option. The five-year loan facility of EUR 30.0 million will ripen in August 2022. The loan is repaid in annual instalments of EUR 3.0 million. At the discontinuance of the era under review, the amount of unused binding credit facilities was EUR 20.0 (20.0) million. On 31 December 2018, the Group's interest-bearing debt stood at EUR 26.8 (33.2) million.

Founded in 1954, Teleste is a technology and services company consisting of two business areas: Video and Broadband Solutions and Network Services. Europe is the main market and business area, but the company aims to expand its business particularly in North America. Teleste’s customers include cable operators, public transport operators, rolling stock manufacturers and specified organisations in the public sector.

In Video and Broadband Solutions, customer-specific and integrated deliveries of solutions create favourable conditions for growth. On the other hand, the allocation of resources to the deliveries and the technical implementation are demanding tasks, which is why there are too risks involved. Their operator customers' network investments vary according to the development of technology, customers' need to upgrade and their fiscal structure. End-to-end deliveries of video security and information solution systems may live large in size, setting high demands for the project quotation calculation and management and, consequently, involving risks. Increased competition created by the unique service providers may undermine the cable operators' ability to invest. redress technological choices, product development and their timing are vital to their success. Various technologies are used in their products and solutions, and the intellectual property rights associated with the application of these technologies can live interpreted in different ways by different parties. Such difficulties of interpretation may lead to costly investigations or court proceedings. Customers fill very demanding requirements for the performance of products, their durability in challenging conditions and their compatibility with other components of integrated systems. Regardless of careful planning and character assurance, complex products may fail in the customer's network and lead to expensive repair obligations. The consequences of natural phenomena or accidents, such as fire, may reduce the availability of components in the order-delivery chain of the electronics industry or suspend their own manufacturing operations. Many competitors in the business area Come from the USA, which is why the exchange rate of the euro against the US dollar has an effect on their competitiveness. In particular, the development of the exchange rates of the US dollar and the Chinese renminbi against the euro influences their product costs. The company hedges against short-term currency exposure by means of forward exchange contracts.

Net sales of Network Services Come mainly from a small number of large European customers. Therefore, a significant change in the demand for their services by any one of them is reflected in the actual deliveries and profitability. The improvement of customer satisfaction and productivity requires efficient service process management, as well as innovative process, product and logistics solutions to ensure the character and cost-efficiency of services. The smooth functioning of cable networks requires efficient technical management of the networks and suitable equipment solutions in accordance with contractual obligations. This, in turn, requires continuous development of the skills and lore of their personnel and subcontractors. In addition, the sufficiency and usage rates of their personnel and subcontractor network influence the company's delivery capacity and profitability. Subcontractors' costs may augment faster than it is feasible for Teleste to augment the prices of its services to its own customers. In larger projects with overall responsibility, tender calculation and project management are complex tasks that involve risks. strict weather conditions may strike their ability to deliver services.

Teleste's strategy involves risks and uncertainties: unique business opportunities may fail to live identified or successfully used. The business areas must win into account market movements, such as consolidations among their customers and competitors. Periods of technological transition, such as operators migrating to distributed access architecture, may significantly change the competitive positions of the current suppliers and attract unique competitors to the market. Intensified competition may abate the prices of products and solutions faster than they are able to reduce their products' manufacturing and delivery costs.

Various information systems are captious to the development, manufacture and supply of products to their customers. The maintenance of information systems and deployment of unique systems involve risks that may strike their ability to deliver products and services. Information systems may too live exposed to external threats and they need to protect them. Recruiting and maintaining skilled personnel requires encouragement, development and recruitment efforts, which can fail.

The Board of Directors annually reviews essential business risks and their management. Risk management constitutes an integral piece of the strategic and operational activities of the business areas. Risks are reported to the Board on a regular basis.

On 23 December 2016, a competitor of Teleste filed two complaints against Teleste Limited, demanding damages from the company for the infringement of two patents. Teleste has denied the patent infringements. On 29 January 2019, the court issued its decision on one of the complaints. The decision was favourable for Teleste. The decision will live final after the appeal period, unless it is appealed. The other litigation is noiseless pending. According to the assessment by Teleste's management, the results of these litigations are not expected to fill a material effect on Teleste's fiscal position.

Group structure

The parent company has a branch office in the Netherlands and subsidiaries in 14 countries outside Finland.

Shares and changes in participate capital

On 31 December 2018, Tianta Oy was the largest unique shareholder with a holding of 23.2%.

In the era under review, the lowest company participate cost was EUR 5.12 (6.51) and the highest was EUR 7.58 (9.62). Closing cost on 31 December 2018 stood at EUR 5.26 (6.68). According to Euroclear Finland Ltd, the number of shareholders at the discontinuance of the era under review was 5,531 (5,618). alien and nominee-registered holdings accounted for 6.2% (6.6%) of the holdings. The value of Teleste's shares traded on the Nasdaq Helsinki from 1 January to 31 December 2018 was EUR 13.3 (16.8) million. In the era under review, 2.0 (2.0) million Teleste shares were traded on the stock exchange. Teleste's participate is quoted in the technology section of Nasdaq Helsinki.

On 5 April 2018, Teleste Corporation's Board of Directors decided on a directed participate issue without consideration, relating to the payment of the reward for the 2015-2017 performance era of Teleste Group's share-based incentive draw 2015. In the participate issue, a total of 42,771 Teleste Corporation shares in the possession of Teleste Corporation were conveyed without consideration to key persons included in the share-based incentive plan, in accordance with the terms of the plan. On 31 December 2018, the Group held 821,182 (863,953) of its own shares, All held by the parent company Teleste Corporation. At the discontinuance of the review period, the Group's holding of the total number of shares amounted to 4.3% (4.6%).

Valid authorisations at the discontinuance of the review period:- The Board of Directors may acquire 1,200,000 own shares of the company otherwise than in balance to the holdings of the shareholders with unrestricted equity through trading on the regulated market organised by Nasdaq Helsinki at the market cost of the time of the purchase.- The Board of Directors may determine on issuing unique shares and/or transferring the company's own shares held by the company, so that the maximum total number of shares issued and/or transferred is 2,000,000.- The total number of unique shares to subscribe for under the special rights granted by the Company and own shares held by the Company to live transferred may not exceed 1,000,000 shares, which number is included in the above maximum number concerning unique shares and the Group's own shares held by the Company.- These authorisations are convincing until 5 October 2019.

Decisions by the Annual generic Meeting

The Annual generic Meeting (AGM) of Teleste Corporation held on 5 April 2018 adopted the fiscal statements and consolidated fiscal statements for 2017 and discharged the Board of Directors and the CEO from liability for the fiscal era 2017. The AGM confirmed the dividend of EUR 0.10 per participate as proposed by the Board. The dividend was paid on 16 April 2018 on shares other than own shares held by the Company.

The AGM decided that the Board of Directors shall consist of six members. Pertti Ervi, Jannica Fagerholm, Timo Miettinen, Timo Luukkainen and Kai Telanne were re-elected as members of Teleste Corporation's Board of Directors, and Heikki Mäkijärvi was elected as a unique Board member. Pertti Ervi was elected Chair of the Board in the organising meeting held after the AGM. The Board of Directors decided to establish an audit committee. Jannica Fagerholm was elected Chair of the Audit Committee, and Pertti Ervi and Kai Telanne were elected as members.

The AGM decided to elect one auditor for Teleste Corporation. Audit solid KPMG Oy Ab was chosen as the company's auditor. The auditor has appointed Petri Kettunen, APA, as the auditor in charge.

The Annual generic Meeting decided to authorise the Board of Directors to determine on the purchase of the company's own shares. According to the authorisation, the Board of Directors may acquire 1,200,000 own shares of the company otherwise than in balance to the holdings of the shareholders with unrestricted equity through trading on the regulated market organised by Nasdaq Helsinki Ltd at the market cost of the time of the purchase. This authorisation is convincing for 18 months from the date of the AGM's decision. The authorisation overrides any previous authorisations to purchase the company's own shares.

The Annual generic Meeting decided to authorise the Board of Directors to determine on issuing unique shares and/or transferring the Company's own shares held by the Company and/or granting special rights referred to in Chapter 10, section 1 of the Limited Liability Companies Act, in accordance with the Board's proposal. Under the authorisation, the Board of Directors has the birthright to determine on issuances of unique shares and/or transferring the Company's own shares held by the Company, so that the maximum total number of shares issued and/or transferred is 2,000,000. The total number of unique shares to subscribe for under the special rights granted by the Company and own shares held by the Company to live transferred may not exceed 1,000,000 shares, which number is included in the above maximum number concerning unique shares and the Group's own shares held by the Company.

The authorisations are convincing for 18 months from the date of the AGM's decision. The authorisations override any previous authorisations to determine on issuances of unique shares and on granting stock option rights or other special rights entitling to shares.

Outlook for 2019

The business objective of Video and Broadband Solutions is to maintain its sturdy market position in Europe and to strengthen this market position particularly in Northern America.

Demand for broadband services by cable operators continues to grow. Household broadband services are estimated to grow by 30-40 per cent a year. European cable operators fill been able to competitively respond to the increasing demand by investing in DOCSIS 3.1 standard-compliant 1.2 GHz frequency sweep network upgrades. Investments in expansion of the traditional HFC network infrastructure frequency sweep continue, but operators are already planning investment in next-generation distributed access architecture network solutions. For years now, the cable industry, including Teleste, has been preparing for the next technology wave with which investment in cable network infrastructure can live competitively continued too in the years to come. They anticipate that unique investment projects that are based on distributed access architecture will live launched in Europe and North America in 2019. The transition to the unique access architecture requires careful preparation, and they anticipate that upgrade projects will augment and more and more operators will launch distributed architecture investment projects in 2020. Transition to distributed architecture provides Teleste with growth opportunities, but it too involves risks. Growth is enabled by the increased value of access network optical products as well as the possibility to exercise the technological transition to expand business into the North American markets. Achieving interoperability with the cable network central systems is the most significant risk. They rate that net sales from access network products in 2019 will live on par with the previous year, including the launch of distributed architecture product sales.

Ensuring safety in city environments, augment of public transport services and the increasing popularity of smart digital systems for a smoother life provide a foundation for growing business. Public transport operators must ensure smooth running of services and infrastructure as well as passenger safety. Supply of real-time information for passengers is essential for resilient public transport. The public transport information systems market as well as video security and situational awareness systems market are expected to grow in 2019. The prices of traditional video security systems fill fallen and competition has increased considerably. Video security solutions are becoming increasingly smart, including pattern recognition and simulated intelligence. Furthermore, a need is arising in the market for comprehensive situational awareness systems that include management of other sensor-level data flows in addition to video image and automate operating processes in exceptional situations. Ensuring competitiveness requires Teleste to continuously do R&D investments in unique intelligent solutions. In addition, it is necessary to better the productivity and cost-efficiency of business. The order backlog of video security and information solutions increased in 2018. Characteristic for the business, a considerable balance of deliveries will live distributed over several years. They rate that net sales for video security and information solutions will continue to augment in 2019 from the previous year.

In Network Services, operators will augment their demand for various services as a result of changes in access architectures. As to Network Services, their business objective is to further develop operational efficiency and augment the participate of those services that provide their customers with higher added value. In their largest market area, Germany, they will continue to better the efficiency of operations, strengthen the capabilities of the organisation and renew the subcontractor network. In addition, they will invest in the continuous improvement of customer satisfaction. In 2018, they completed an principal delivery project in Germany, and the forecast for 2019 does not include a similar project. Therefore, they rate that net sales of Network Services will abate in 2019 compared with the previous year.

Teleste expects the company's net sales to remain at the smooth of 2018 (EUR 250.3 million). Operating result is expected to augment compared with 2018 (EUR 9.7 million).

6 February 2019

Teleste Corporation Jukka RinnevaaraBoard of Directors President and CEO

Teleste's Annual Report for 2018, which includes the audited fiscal statements, will live published no later than week 11 2019. The Company will issue a statement of its corporate governance as a separate report, which will live published together with the Annual Report, and will live simultaneously available on the Company's web site.

This interim report has been compiled in compliance with IAS 34, as it is accepted within EU, using the recognition and valuation principles with those used in the Annual Report. The data stated in this report is audited.

Order intake
80,970
56,211
60,152
66,643
66,697
263,976
262,866
Net sales
66,519
59,370
65,163
59,294
58,702
250,346
234,589
EBIT
2,233
3,197
3,470
821
254
9,721
-7,549
EBIT %
3.4 %
5.4 %
5.3 %
1.4 %
0.4 %
3.9 %
-3.2 %
New Standards
Teleste has adopted IFRS 15 Revenue from Contracts with Customers as of January 1, 2018. The cumulative effect of the unique gauge was recorded in the opening equipoise and it increased the equity with 73 thousand euro. All changeds was allocated to VBS segment.
Net sales by category, thousand euro
10-12/18
7-9/18
4-6/18
1-3/18
10-12/17
1-12/2018
1-12/2017
Goods
35,617
31,499
35,480
31,394
33,123
133,990
134,223
Service
30,903
27,871
29,682
27,900
25,579
116,356
100,367
Total
66,519
59,370
65,163
59,294
58,702
250,346
234,589
Order backlog
Teleste is reporting order backlog for the VBS segment. The value of order backlog is open orders to live delivered in the future. At December 31, 2018 about 73.1 % of the order backlog will live delivered during the next 12 months. Teleste has not restated the order backlog for year 2017 as the effect IFRS 15 is not material.
Thousand euro
12/18
9/18
6/18
3/18
12/17
VBS order backlog discontinuance of period
71,017
56,652
59,721
64,918
57 383

Teleste on has adopted IFRS 9 fiscal Instruments as of January 1, 2018. The cumulative effect of the unique gauge was recorded in the opening equipoise and it increased the equity with 22 thousand euro. The main effect of IFRS 9 concerns timing of expected credit losses.

Teleste has adopted amendment of IFRS 2 participate based payments as of January 1, 2018.

No result found, try unique keyword!We deployed Apollo 1.0 within short ... they are doing a lot of R&D. It's a hardware box that you can plug a sensor into it, you can plug silicon into it and silicon-wise, you can exercise NVIDIA, Intel or B...

It’s that time of year where everyone is predicting the future. As they Move from 2018 into 2019, the technology industry certainly has seen a slew of unique developments and will foresee many more technological advancements in the next one year and beyond. CXOToday comes up with a list of opinions from experts in the IT industry to know what they believe would live the top tech trends for 2019. Excerpts.

“We stand at an inflexion point for technology adoption at the discontinuance of 2018, where they call 2019 will see huge focus on Mobility & Security as the growth in ICT spending continues to live driven by The immense Four: Cloud, Mobility, immense data & simulated intelligence. This business transformation has given soar to the need of secure data access at any time, from any location and from any device.

The immense Four will unleash multiplied innovation with massive data sharing and monetization, and hyper agile application deployment technologies. They will profit organizations to create seamless digital drudgery spaces that are dynamic in nature. business operations fill already started seeing benefits with chat-bots being able to unravel smooth 1 technical champion queries with profit of machine learning. Accops predicts with the profit of The immense Four, security teams will live able to automate & self-heal faults and provide both predictive and proactive security that is self-aware. Time-consuming tasks of IT teams such as troubleshooting, or provisioning of applications and infrastructure will live automated leading to reduced IT complexity. Digital transformation will too witness plethora of benefits with other upcoming technologies such as virtual reality, augmented reality, screen chain & IOT driven industry 4.0.

Providing secure access to endpoints and business data distributed across geo diverse locations is a major challenge, while adopting any unique technology. Implementation efforts on any of immense four technologies will live useless until IT infrastructure is consolidated. Data, which is the key underlying ingredient for implementation of immense data or simulated intelligence or mobility, can only live brought under control with profit of centralized IT infrastructure.”

Makarand Joshi, area Vice President and Country Head, India Subcontinent, Citrix

“We see four key technology trends shaping the next stage of transformation, in 2019.

Cloud Integration – The next wave of transformation through cloud technology will live through its integration with AI, machine learning, analytics and robotics

Diverse needs of a multigenerational workforce – With an increasing number of millennials joining the workforce, enterprises need to address concerns of a multi-generational workforce, while ensuring growth and boost productivity

Tightening the Security Lens – While 2018 has been crucial in terms of data management and security, organizations must do concerted efforts towards fully adapting to unique policies and regulations

AI: Making its presence felt across sectors – Enterprises across sectors are increasingly looking toward AI as it has now taken a front seat in an IT set-up. When analytics is integrated with machine learning and AI, it can bring forth profound changes for businesses.”

Accenture sees two broad factors shaping the retail industry – on one hand, rapid advancements in technology are enabling retailers to create innovative experiences for products and services to consumers; and on the other hand the fundamental definition of retail is itself evolving.

In the Accenture Technology Vision 2018, they said that the world is reimagining itself not just around digital innovationbut, by extension, around the companies that provide the innovative services. People are not just using companies’ products and services, but are feeding information and access back to them, and retail is perhaps one of the best examples of this trend. As a result, to deliver such “integrated innovation,” retailers need a profound smooth of insight into, and integration with, people’s lives and their partners’ business. As a result, technologies enjoy analytics and simulated intelligence in the retail industry will enable retailers to develop more personalized experiences for consumers.

Retail will too live one of the early trend-setters in the adoption of immersive experiences for consumers, effectively changing the passage people connect with information, products, services, experiences, and each other. They can anticipate more virtual reality and augmented reality-based solutions from retailers to woo their customers and enrich their experiences.

Additionally, retailers who are more progressively adopting technologies to grow their business will realize that theyneed to build a greater degree of faith with their customers, and this is significant. The expansion of customer finger points will compel retailers to transition from a fixed existent estate distribution strategy to a dynamic marketplace-level service strategy. To grow in the future, retailers must exercise innovation to reimagine offerings, selling and operating models. Emerging technologies will create unique affiliations and partnerships in the industry, enabling retailers to achieve unique levels of growth and differentiation. Technologies like AI, robotics and automation will significantly influence supply chain and logistics.

Rajesh Thadhani, Sales Director at Crayon Software

“AI itself is a vast and profound subject. AI has already paved its passage in most of the industries. In the future, AI and immense data will present powerful tools to streamline business processes, bag rid of legacy systems, simplify operations and expedite processes. AI will live the key enabler in innovating unique products and understand the customers better to deliver the best. The future holds more disruption from AI, not less.

IoT is not a unique thing. Soon, there will live thousands of devices connected from one individual, generating mammoth amount of data. To leverage value out of that data is through AI tools.

Cloudification of storage: When I say, “storage cloudification”, it typically means that they need to bag the birthright type of storage for the specific job. In 2019, companies will start utilizing storage based on the purpose/requirements. They will witness that IaaS, storage and databases will become intelligent and rule the market.

Storage and the data it houses are the two main components of every business foundation. When they cloudify the storage it gives us the freedom of data - a valuable asset — being available, accurate, reusable and secure.

Mobility: 2018 was a year for enterprise mobility, as organizations continued leveraging unique mobile technologies to boost productivity& better employee experience, reduce costs, and protect data. With 5G implementation round the corner, businesses should start ramping up their systems for this to do the most out of it.

Software as aService (SaaS) a key motion to drive cloud 2020

In the upcoming year, with SaaS, they will witness more and more companies adopting SaaS as it helps in legacy application migration to the cloud. Most of the companies will live turning to cutting-edge SaaS powerful tools. Why not? Their operations will no longer depend on legacy systems as most of the performance apps snort 70-80% will live hosted and maneuvered in cloud. It will profit the companies in terms of fiscal savings, productivity and of course it’s light to use.”

Satish Kumar V, CEO at EverestIMS

“The year 2019 can foresee huge transformation in IT industry. It is expected to see various organizations define, adapt and transform their offerings from a technology heavy design leading to service offerings with a niche in the market. Similar to how the various verticals adopted & benefitted through Cloud technologies, the focus will now All live on the “tangible services” that are relevant to both individual & corporate consumers at large scale. They can anticipate to see unique service segments being created alongside standardization of existing offerings in a highly competitive environment. The technology companies will continue to wave based on their roles in the chain of data generation - data aggregation - data communication - data analysis - data presentation - data generation.

AI will live the one prime technology that is bound to evolve a lot in 2019.The special focus will live on the adoption of AI in daily lives on both personal & drudgery front. “Cloud” evolved at making IT consumption (be it individual or corporate) generic enough to scale & manage on the travel before settling down to personalization of each consumer space among the service offerings (from IaaS to PaaS to SaaS). Each of the major CSPs is now offering services that can live adopted to specific / custom use-case scenario through flexibility on structuring / design / billing and delivery.

Similarly, AI will live All about personalizing the technology All over again in order to do service consumption seamless to consumers through their daily interactions / activities. Firstly it will live about identifying useful data among the plethora of data being generation from All kinds of sources & platforms. Then it will involve humans again for bringing in that natural factor to define the churning of data to Come up with actionable Intel that will finally lead to service delivery with a finger of personalization.”

Ravi Raj, Brand Head Director, Sales & champion at NetRack

“The year 2019 will live very experimenting for All the industries. With the intrusion of cutting edge technologies and unique initiatives taken up by specific organizations, they can anticipate an exponential growth among various businesses across the globe.

The epicenter of the IT industry is the innovation of their IT infrastructure, mainly in the data heart space. They can’t contradict the fact that data heart is shifting to champion wider platforms in the digital landscape. Considering this, the businesses of organizations look to rely on the capabilities of the IT ecosystem for supporting the unique initiatives. There is a need to fill more computing power into precious data heart space. Hence companies need to organize their servers and other necessary IT infrastructure. And the backbone of that organization scheme is the data heart cabinet (or rack), which is designed to bring order to a potentially chaotic mass of servers, power distribution units, cables, switches and other gear. Thus, organizations view forward for the solutions with increased intelligence designed to simplify operations, enable remote management and service, and bridge a widening skills gap.

Experts snort the global data heart rack market is growing at a CAGR of 10.9% from 2014 to 2019 and will worth $2.7 billion by 2019. The emerging markets including China, Singapore, Brazil and India fill become attractive market for unique and established companies engaged in the development and marketing of the rack for data heart rack market. With the continuous developments happening among the organizations globally, one can anticipate a sizeable business in 2019 from IT, Telecom, BFSI, Healthcare, Retail, Public sectors.

One of the major drivers for end-user adoption is the lower cost associated with rack solutions. The manufacturers are adding unique features such as corrosion protection, system expandability, self-cooling, modular DC and thermal management, compatibility and connectivity for making them economically feasible for various verticals. Also, many organizations from SMBs started to implement Modular and Colocation datacenters considering the factors such as more scalability, agility, efficiency offered with catastrophe recovery. However, growing investments in data centers will present ample chance to the various established and unique data heart rack vendors in the coming years.”

Gaurav Ahluwalia, Managing Director at R&M India

“2019 will live the year of implementation for various industries. Along with continuous acceleration of IT industry, one can anticipate the structured cabling industry to wave in the global markets. Structured Cabling is one of booming industries across the world.

The global cabling market is divided into major two segments, namely Electrical and Telecom/Datacom cables which are used for various industries in various applications. In 2019, Telcos will live looking towards fiber connectivity solutions to remodel/renovate their cabling infrastructure and augment their efficiency. too organizations/companies are revamping their data centers with structured/fibered cabling connectivity to minimize the downtime and bow more benefits. Thus, increasing demand for structured cabling solutions from Data heart industry and Telecom industry will live the major market drivers in 2019.

Also, 2019 will witness the organizations adapting technology affluent connectivity products to their cabling infrastructure such as Shielded cables, S/FTP products, Cat 8 cabling solutions etc., Speaking over Indian market, 2019 may too play a positive role by introducing more benefitting initiatives for cabling and manufacturing industries, proportionally increasing investment in network and structure infrastructure which drives the Indian cables market.”

Prashanth J, CEO at TechnoBind

“According to recent Gartner report cloud market is projected to reach a staggering $206 billion in 2019, from $175 billion in 2018 and $145 billion in 2017. In a data driven society, Cloud computing has become default platform for fueling DXs and modernizing IT portfolios.Infiltrating the enterprise space, more businesses shutting their traditional data centers and making heavy investments, undoubtedly Cloud is here to stay.

Big data analytics trends are changing over past couple of years, from a departmental approach to business-driven data approach, embracing agile technologies and an increased focus on advanced analytics. As businesses are shifting from being data-generating to data-powered organizations, data and analytics implementation fill become the heart of gravity for many enterprises to linger ahead in the competition.

Given the advantages of cloud computing, many businesses will likely rush into it and ‘Security’ regularly ranks as the number one concern among cloud adopters. Between GDPR, WannaCry, and a handful of other high-visibility incidents, dollar figures for security breaches fill grown to the point that companies cannot linger in business without staid consideration of implementation of better security solutions.”

Javed Tapia, MD, Clover Infotech

“Organizations are transforming the passage they conclude business by leveraging the power of digital technologies. Businesses are leveraging these technologies to live seen ubiquitously and to target customers contextually. With IoT, Virtual Reality, Augmented Reality etc. businesses are enhancing the customer experience. The interactions with technology are now better captured, recorded and analysed through Data Analytics capabilities. The power of simulated intelligence is enabling to enhance the learning curve and create unprecedented levels of automation. Computing and storage is chartering unique levels of efficiency and cost-effectiveness with Cloud. I believe Information Technology coupled with the power of digital transformation will significantly and positively impact businesses across industries.”

Zairus Master,CEO,Shine.com

“With cutting-edge technologies enjoy AI and machine learning becoming more and more integral to business operations in the IT/ITES sector, the demand for professionals with evolved, tech-led skillsets will only augment further in 2019. Expertise in areas such as data compliance and cybersecurity will too live much sought-after, given how captious data privacy and information security fill become in the global business discourse. I too foresee organisations collaborating with reputed online learning platforms such as ShineLearning.com to undertake large-scale upskilling and reskilling of their in-house talent. This skills-centric approach will profit both the employers and the employees; while recruiters will live able to seamlessly address the growing demand for skills within their organisations, professionals can access significantly better career opportunities by upgrading their existing skillsets. With rapid technological advancement paving the passage for a high-growth, high-value jobs ecosystem, they can anticipate continuous learning, unlearning, and relearning to become the motto of the new-age workforce”. -

Hugh Thompson, CTO, Symantec

“The long-awaited commercial plight of AI has begun to materialize in recent years, with AI-powered systems already in exercise in many areas of business operations. Even as these systems helpfully automate manual tasks and enhance decision making and other human activities, they too emerge as promising attack targets, as many AI systems are home to massive amounts of data. In addition, researchers fill grown increasingly concerned about the susceptibility of these systems to malicious input that can debauch their logic and strike their operations. The fragility of some AI technologies will become a growing concern in 2019, especially following the explosion of internet-based eCommerce.

Attackers won’t just target AI systems, they will enlist AI techniques themselves to supercharge their own criminal activities. Automated systems powered by AI could probe networks and systems searching for undiscovered vulnerabilities that could live exploited.AI could too live used to do phishing and other sociable engineering attacks even more sophisticated by creating extremely realistic video and audio or well-crafted emails designed to fool targeted individuals. AI could too live used to launch realistic disinformation campaigns. For example, imagine a fake AI-created, realistic video of a company CEO announcing a large fiscal loss, a major security breach, or other major news. Widespread release of such a fake video could fill a significant impact on the company before the proper facts are understood.

And just as they see attack toolkits available for sale online, making it relatively light for attackers to generate unique threats, we’re inevitable to eventually see AI-powered attack tools that can give even petty criminals the ability to launch sophisticated targeted attacks. With such tools automating the creation of highly personalized attacks–attacks that fill been labor-intensive and costly in the past–such AI-powered toolkits could do the marginal cost of crafting each additional targeted attack essentially live zero.

Srikanth Sundararajan, colleague of Ventureast

“Global trends are very clear, with the availability of more and more data, businesses will fill to live data driven to enable efficiency and competitive advantage. Data lonely is not enough, it is the leverage of data in a precise and smart manner that will profit organizations. AI, NLP, Machine Learning are All key ingredients in enabling organizations to analyse and leverage data in smart ways. It is not only immense data, but profound data because one is able to now collect data at a very granular smooth and piece together a unified view of the organization. A advantageous specimen of this is the cross over between IOT (especially IP enabled devices) in the area of predictive maintenance. A baseline or a data twin of a particular equipment is created, refined and compared with actual domain data to enable a more accurate and efficient passage to provide maintenance. This is especially useful where each equipment is very costly, such as turbines, oil rig components, probes, engines, medical equipment, unmanned vehicles. Companies enjoy Samsung, Bosch, Siemens are already making forays here.

The exercise of blockchain as a smart, secure, immutable data store will too gain momentum as a more mainstream activity, especially in enterprises; there has been some seminal drudgery being done in this respect by IBM Research Labs. profound learning as it relates to feature extraction from images will too provide immense benefits in the area of health care, environmental sciences, security etc. Advances in mobile technology, and AR/VR will too change the communication landscape and how content will live shared and consumed. BOTs as means to create efficiency, and advances in the area of RPA fill already brought in efficiency gains in the area of back office automation and customer support. In short the next 5 years will live an exciting ride, with plenty of opportunities to create unique companies focused on the above areas.”

Gaurav Tikoo, CMO, TRANSSION India

“The Indian smartphone industry is going through a paradigm shift and the players emerging victorious will hold the capability of serving the diversities. Diversity by passage of catering to the lowest strata of first-time smartphone users, and by providing the best of sustain to users who are in pursuit of entering the premium segment. The 7-15K category will deliver maximum contribution in 2019, thus making it the segment that smartphone players will set their bets on. Also, AI-enabled cameras will soon become a “must-have” feature in the mid-range and under 10K segments. simulated Intelligence led camera features enjoy Auto-Scene detection, beauty mode, and pan unlock will witness further refinement, thus boosting their efficiency. Augmented Reality will no longer live a buzzword, and they envision these phones to deliver real-life virtual experiences on-screen and everywhere. 2019 will travel beyond dual camera setup and will fill multiple camera module as the key trend to view out for.”

Ankush Sachdeva, CEO, ShareChat

“Contrary to common credence that videos are the most consumed format of content, regional language internet users fill been create to live using text in images format, revealed ShareChat Year End Report. While, videos in regional languages are witnessing an upswing, text behind backgrounds are the most preferred content format for creation and consumption.

“With people being able to access sociable media in their regional languages, user generated content is expected to grow by leaps and bounds. These would live content created by common people in towns and cities capturing existent time events and happenings around them for the people around them. Advanced camera technologies and machine learning will act as ferment that will swell up UGC which will outgrow studio content. Further, regional language usage has upped the UGC game in the market and they will soon see many content in Indian dialects spoken amongst inevitable communities becoming mainstream and popular. Another shift they anticipate is the passage e-commerce has been happening in India. In order to tap local consumers, e-commerce will become hyperlocal with small shops starting to arbiter of online presence using sociable media.”